Sixt (ETR:SIX2) Shares Down 0.7% – Here’s Why

Sixt SE (ETR:SIX2) shares dropped 0.7% on Monday . The company traded as low as €78.75 ($82.03) and last traded at €78.85 ($82.14). Approximately 33,671 shares traded hands during trading, a decline of 32% from the average daily volume of 49,244 shares. The stock had previously closed at €79.40 ($82.71).

Sixt Stock Up 3.7 %

The stock has a market capitalization of $3.58 billion, a price-to-earnings ratio of 16.25, a price-to-earnings-growth ratio of 23.89 and a beta of 1.96. The business’s 50-day moving average is €78.99 and its two-hundred day moving average is €71.38. The company has a quick ratio of 0.56, a current ratio of 2.31 and a debt-to-equity ratio of 196.55.

About Sixt

Sixt SE, through its subsidiaries, provides mobility services through corporate and franchise station network for private and business customers worldwide. It offers its products through SIXT app, which comprises SIXT rent, a car rental service; SIXT van & truck for commercial vehicle rental; SIXT share, a car sharing service, as well as offers micro-mobility services through e-scooters, e-mopeds, and e-bikes; SIXT+ for car subscriptions/long-term rentals; and SIXT ride, which includes transfer services, chauffeur services, and event transport services.